Stevenson Ranch real estate and market update 2014-083

We are a real estate team serving the greater Los Angeles Cities. Our Monday market update reports are about the market data and housing market intel for the Santa Clarita Valley cities. Our Team name
…

We are a real estate team serving the greater Los Angeles Cities. Our Monday market update reports are about the market data and housing market intel for the Santa Clarita Valley cities. Our Team name is known as http://paris911.com and we are REMAX of Valencia CA realtors, that site is located at http://remax-valencia-ca-paris911.com Reach out to us and our market updates cover the Santa Clarita Valley markets, including Acton, Castaic, Canyon Country, Saugus, Santa Clarita, Stevenson Ranch and Valencia. Be safe - search well and thanks for checking out our real estate and housing market reports.

3.
The Paris911 Team | www.Paris911.com | 661-400-1720
City Overview
STEVENSON
RANCH, CA
Monday March 24, 2014
Median Price
Prices seem to have plateaued here at the all time high. When we see these conditions, we pay close attention to the Market
Action Index to gauge the leading indicators and whether prices will fall from here.
90-day Average7-day Average
Quartile Prices
Price weakness is evident across the board. Quartiles 1, 3, and 4 have been in price decline in recent weeks, with Quartile 2
remaining basically flat. Look to the Market Action Index as a leading indicator of the bottom of the market.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Single Family Homes in

4.
The Paris911 Team | www.Paris911.com | 661-400-1720
City Overview
STEVENSON
RANCH, CA
Monday March 24, 2014
Price per Square Foot
We're seeing fairly unusual market conditions as prices have been in a downward trend but price per square foot is actually
increasing. (Buyers are paying less and getting less home for their money.) Anomalies like these can be attributed to micro-
location variables.
90-day Average7-day Average
Inventory of Properties Listed for Sale
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market
Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
90-day Average7-day Average
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Single Family Homes in

5.
The Paris911 Team | www.Paris911.com | 661-400-1720
City Overview
STEVENSON
RANCH, CA
Monday March 24, 2014
Market Action Index
The STEVENSON RANCH market is currently in the Seller's Advantage zone (greater than 30). The 90-day Market Action Index
stands at 38.55 which indicates that demand is strong and available supply of homes gets snapped up relatively quickly.
Buyers/Sellers Cutoff90-day Average
Market Action Index per Quartile
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the
whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a
slowdown for the whole group.
First/Top Second/Upper Third/Lower Fourth/Bottom
Buyers/Sellers Cutoff
Residential house prices are a function of supply and demand, and market conditions can be characterized
by analyzing those factors. Watch this index for sustained changes: if the index falls into the Buyer’s
Advantage zone (below 30) for a long period, prices are likely in for a downward correction.
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Single Family Homes in

6.
The Paris911 Team | www.Paris911.com | 661-400-1720
City Overview
STEVENSON
RANCH, CA
Monday March 24, 2014
Days on Market
The properties have been on the market for an average of 76 days. Half of the listings have come newly on the market in the
past 28 or so days.
90-day Average7-day Average
Days on Market per Quartile
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
First/Top Second/Upper Third/Lower Fourth/Bottom
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Single Family Homes in